News

PRESS RELEASE
9.21.2016

Total mobility solution for mining and quarry industry to USA and Canada markets

Sleipner Finland Oy and TowHaul Corporation dba Smith Equipment USA signed a co-operation
agreement whereby TowHaul will sell and service Sleipner products as an exclusive
Dealer to USA and Canada territory. The agreement is a first where two original equipment
manufacturers start the co-operation with big scale of trailers and transport platforms.

This agreement is a first significant step for the co-operation in both parties.
This agreement ensures the best possible offering for mobility solutions for mining
and quarry industry in USA and Canada territory.

We both are excited about this co-operation, as we will now be able to offer our
mutual customers a Total Mobility Solution to meet their needs, that consists of
TowHaul Products as well as Sleipner Products.

Sleipner Finland Oy:

Sleipner Finland produces and develops innovated solutions for moving tracked equipment
such as excavators, bulldozers and drill rigs. With Sleipner products customer can get
significant cost savings, decrease undercarriage maintenance cost and get unique
flexibility for relocate the tracked equipment. All products are sold over 30 countries
in four continents. Sleipner is currently fast growing company, turnover in 2014 was
close to 6 million euros.

TowHaul:

Honoring a tradition of excellence, for more than 30 years, TowHaul has been designing
and manufacturing heavy-duty, off-road mining lowboys and tow truck equipment.
Fleet mobility has become a cornerstone of efficient mining operations. TowHaul is
committed to providing our customers with a full range of services and innovative
solutions that continue to decrease costs and increase mobility of your equipment
fleet. TowHaul is the leader in the industry and original designer and manufacturer
for mining lowboy equipment, since 1977.

Open-pit mine owners around the world expect immediate benefit from the use of these larger haulers, improving the availability and utilization of their mine heavy equipment, permitting increased flexibility in mine planning, resulting in significant increases in production and mineral recovery.

Additional financial benefits are expected from reduced overall maintenance costs, along with positive impacts to safety and the environment.

TowHaul and Synergy have collaborated for more than 15 years in the development of large (800 -1500 ton) lowboys, with Synergy focusing on the drive requirements utilizing existing and new electric propulsion systems familiar to the mining industry today.

Ask The Ambassador: The Importance of Small Businesses

Brian from Virginia recently asked Ambassador Kirk about the importance of small businesses and their exports from the U.S.

Ambassador Kirk responded:

"That's a great question, Brian. Trade is especially important to U.S. small businesses.

More than a quarter million U.S. firms export goods. 97 percent of these have fewer than 500 employees, and nearly two-thirds have fewer than 20 employees.

Let me give you an example. TowHaul is a small business with fifty employees in Belgrade, Montana. TowHaul designs and manufactures custom trailers and other large pieces of equipment used in the mining operations. Travel thousands of miles from Belgrade to Canada, Namibia, Chile, Russia, or a dozen other countries around the world, and you could see TowHaul's heavy equipment hard at work.

We know that small businesses, like TowHaul, drive the U.S. economy and the best way to get our economy back on track is to provide these businesses access to new markets and a larger consumer base for their products.

Earlier this week, I announced the first steps in a new initiative aimed at increasing exports by small- and medium-sized firms in the United States. I requested an investigation by the International Trade Commission to better understand how many of America's small- and medium-sized enterprises export now, their role in generating employment and economic activity in the U.S., and how increased trading opportunities might benefit these businesses and their workers. I'm also expanding USTR's focus on identifying and increasing opportunities for small- and medium-sized businesses to export both goods and services. I believe that this new effort can ultimately grow jobs here at home as companies sell more goods and services worldwide.

USTR is also working with the Commerce Department and across the government to get small business owners and entrepreneurs the tools they need to succeed in the global marketplace. Through the U.S. Commercial Center and local Export Assistance Centers across the country, this administration is making sure that when America's small business owners have questions, they will get answers. We encourage all businesses to visit export.gov to find out more."

Many model collectors have a full collection of Mining Haul Trucks, Mining Shovels, Dozers and other equipment, and now for the first time,TowHaul and NORSCOT have teamed together to offer a Mining Lowboy for the collection!

Please visit our web site at www.towhaulstore.com for details.Our new model is now available to order!

The TowHaul Lowboy with extra wheels, wheel motors and drive controls, so still limited in haulage capability.

Open pit mine owners around the world expect immediate benefit from the use of these larger haulers, improving the availability and utilization of their mine heavy equipment, permitting increased flexibility in mine planning, resulting in significant increases in production and mineral recovery.